Life insurance provides financial protection to beneficiaries in the event of the insured's death. Policyholders pay premiums to ensure a lump-sum payment, known as the death benefit, is provided to beneficiaries, offering peace of mind and financial security during difficult times.
Types of Insurance ?
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1. Life
Insurance
Provides financial protection to beneficiaries in case of the insured's death, ensuring they receive a lump sum or periodic payments.
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2.Health Insurance
Covers medical expenses incurred due to illness or injury, offering financial support for hospitalization, treatments, and preventive care.